REG-Marechale Capital Plc: Share Price Movement

Marechale CapitalAnnouncement

29/01/2025 11:45

29 January 2025

Marechale Capital plc

(“Marechale” or the “Company”)

Share Price Movement

Marechale Capital plc (AIM: MAC) has noted the recent increase in the
Company’s share price.

The Company notes that, in respect of its investee company Weardale Lithium
Limited (“Weardale”), Durham County Council issued a Committee Report on
28 January 2025 on Weardale’s planning application for the development of
its lithium extraction project. 

The report has a recommendation to approve the application and is publicly
available on the planning portal of the Durham County Council’s website.

Weardale has advised the Company that the planning committee hearing is
scheduled for 5 February 2025.  If planning is approved, the project could
become the UK’s largest lithium extraction facility.

The Company will update the market further in due course.

For further information please contact:

 Marechale Capital plc Mark Warde-Norbury / Patrick Booth-Clibborn           Tel: +44 (0)20 7628 5582  
 Cairn Financial Advisers LLP (Nomad and Broker) Jo Turner / Sandy Jamieson  Tel: +44 (0)20 7213 0880  

About Marechale Capital

Marechale is an established City of London based corporate finance house, with
a long-term track record and a strong reputation in advising & financing high
growth consumer brands, leisure, clean energy, and technology companies. The
Company uses its balance sheet to co-invest in its client companies, along
with warrants and founder equity, in order to create shareholder value.

Forward looking statement disclaimer

Certain statements made in this announcement are forward-looking statements.
These forward-looking statements are not historical facts but rather are based
on the Company's current expectations, estimates, and projections about its
industry; its beliefs; and assumptions. Words such as 'anticipates,'
'expects,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' and similar
expressions are intended to identify forward-looking statements. These
statements are not guarantees of future performance and are subject to known
and unknown risks, uncertainties, and other factors, some of which are beyond
the Company's control, are difficult to predict, and could cause actual
results to differ materially from those expressed or forecasted in the
forward-looking statements.

The Company cautions shareholders and prospective shareholder holders not to
place undue reliance on these forward-looking statements, which reflect the
view of the Company only as of the date of this announcement. The
forward-looking statements made in this announcement relate only to events as
of the date on which the statements are made. The Company will not undertake
any obligation to release publicly any revisions or updates to these
forward-looking statements to reflect events, circumstances, or unanticipated
events occurring after the date of this announcement except as required by law
or by any appropriate regulatory authority.



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